Saskatchewan’s economic outlook for 2025 is notable for its stability, with a projected GDP growth of 2.3 percent—matching the past two years. Presented at the Western Canada Economic Forum, the report from Deloitte highlights agriculture as the leading sector, growing at 7.8 percent, while concerns linger around potential U.S. tariffs affecting manufacturing. Premier Scott Moe addressed these challenges, emphasizing the impact on both local and American agricultural producers. Overall, population and employment growth are expected to slow, creating a nuanced economic landscape.
The report is notable as much for its optimism as it is for its date of release, which is now nearly a week ago. Little in world of economic forecasting from before is worth much once a trade war starts. It matters in Minot because Canadian travelers have significant impact on Minot’s economy. Time will tell if the President’s national actions prove good or otherwise for Minot.
